Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I guess yours just sold. 7.66 just hit. Maybe you should check just in case
7.5p limit lol
My bad water treatment plants. I must of thought it and not typed it. Sometimes I think burgers, I’m not eating them, but I’m tasting them???
hardcore, re: checking covid in water - in tap water I believe it is killed by standard chlorination. So are you referring to something else?
Don't wanna **** on people's bonfires, but let just all get a grip yeah?
We aren't breaching 20p any time soon. Nor should we. Volatility attracts the wrong crowd. A steady build of the SP through the project delivery milestones will set us up for future funding and hopefully a graduation to a more regulated market where the SP will be a closer reflection of reality than the AIM wild west.
Huge risks remain. This is not a sure thing.
The Fischer-Tropsch process has been around since the 40s, but has only been utilised at scale a handful of times. Previously this has been to utilise stranded methane that would otherwise have no value. The USP for VLS is that we are now in a era where emissions are becoming very costly and alternative fuels still in infancy. VLS have synthesised a product that looks like jet fuel, smells like jet fuel, doesn't melt steel beams like jet fuel - but doesn't pollute like jet fuel (NOx/SOx/Particulates). This process has not been proven at industrial scale. Typically it takes a 2-3 iterations to do so. From Lab scale, to pilot scale, to first working example.
For me the principle risk to PIs is the route to funding this first working example (Immingham). The government, Shell, BA etc have all pledged money, but in the age of Corona, cash is king, and investing in pipedreams are not looked on fondly by the thousands of people being made redundant. It is a very real risk that these players suddenly wash their hands of the project. This will force VLS to either fold or get creative with their fundraising. When this happens, PIs get shafted. Sirius minerals all over again.
I have faith in the chemistry and the chemical engineering. I am raising a skeptical eyebrow at the path to profitability. If anyone has any insights, or comments about my thought process, I'm keen to discuss it. Happy Friday.
Do you have the link? Can't see one myself - thanks in advance.
In the annual results it was stated there is no placing expected in the next 12 months. Next item on the agenda is licensing or getting altato funded. Then big rise. The downside risk in the short term is largely gone imo.
Just another spike before a placing?
I would top up, but I’m a LTH, this will be the share most talked about next year along with checking Covid in water to stop the spread. So save the planet as well as save our people.
LOL £7.50 makes a £7bn+ mcap. Hmmm sounds like Friday fun.
I have not been able to locate any broker note from the last 24 hours.
Still, happy to see a rise.
Tex.
Looks about to pop, not sure whether to add here as I’m already in deep with a 7.31 average.
Can someone please post a link to this article if they have seen it?
So far everyone is getting excited and I can't see why.
This was tipped last night in a big article as a solid long term investment. Buy price up to £7.50. I expect that has caused the sudden growth this morning. Nice!
It can’t possibly be £7.50, hopefully it was 75p
Due to World needs and saving our planet this should be a £1 share plus all day long, however currently should be 10p with it being pushed by the government.
Due to World needs and saving our planet this should be a £1 share plus all day long, however currently should be 10p with it being pushed by the government.
Looking very strong here and we were at 16p only a few weeks ago
So far 152 trades - 5,642,000 shares - most buys -
Good luck everyone but I'm not counting my chickens yet.
Link to the article?
Large amount of trades gone through already.
Buy up to £7.50, this is 7p..........
This was tipped last night in a big article as a solid long term investment. Buy price up to £7.50. I expect that has caused the sudden growth this morning. Nice!